By Daniel Bates It’s an annual holiday in college basketball, Selection Sunday. And this Sunday, the Michigan Wolverines found out they were going dancing as a No. 11 seed; despite being only three games over .500. Which marks the first time a team has qualified with a record like that since 2001. The 17-14 Wolverines’ selection got plenty of reaction from college basketball fans across the country. “Michigan is not only in, it’s playing in Indianapolis,” replied Big Blue writer Scott Bell. “Michigan an 11-seed in Indy! Couldn’t have asked for a better landing spot all things considered,” twee…